Senior FX Business Manager, Risk & Control
Chicago, IL - USA
Job Summary
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Senior FX Business Manager Risk & Control
Northern Trust provides global coverage for our clients and trades in 70 countries through our comprehensive FX capabilities. We are looking to hire a Specialist in the Global Foreign Exchange (GFX) Business Enablement group to join a new and growing team.
The GFX Business Enablement group is responsible for the business administration and oversight of the risk & control environment for this role you will be Reporting into the GFX Head of Business Enablement supporting the Foreign Exchange trading desk.
Key Responsibilities
Co-ordinate and manage documentation around business interaction with internal audit risk & control teams bringing in relevant SMEs where required and ensuring deliverables are consistently met
Work within the NT issue management standards following any issues until resolution
Work with Sales & Trading partners to provide business support allowing those teams to prioritize client facing and risk management responsibilities
Document existing processes: draft policies procedures process flows and other key documentation required to support the FX business
Liaise with key stakeholders across the 3 lines of defense to understand enterprise risk program standards and demonstrate how the business is addressing those risks
Partner with subject matter experts to write-up any incidents or near misses or loss events
Assess existing front-office processes and help identify strategic changes identified as improvement opportunities
Develop strong knowledge of regulations policies and procedures relevant to GFX and take lead in ensuring regulatory and enterprise standards are met
Skills/Qualifications
Proven professional experience at within financial services or consulting firm and possesses a deep knowledge in Foreign Exchange trading
Understanding and/or experience of a robust Risk & Control framework including operating within a 3 lines of defense model
Proven capability in high-quality execution including both independent delivery as well as supporting cross-functional stakeholders to drive change
Has deep knowledge of key business processes products and services within the GFX
Excellent oral and written skills with the ability to present complex information that can be understood by non-subject matter experts
Excellent analytical and problem solving skills
Good stakeholder management skills with a proven ability to work with team members of all levels across regions and time zones
#LI-MG1
#Hybrid
Salary Range:
$114700 - 194900 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .
We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Required Experience:
Manager
About Company
Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.